News for 'Value Innovations'

Why Mahindra Is Staying In Formula E Until 2030

Why Mahindra Is Staying In Formula E Until 2030

Rediff.com15 Aug 2026

Mahindra Racing has reaffirmed its long-term commitment to Formula E, extending its participation until at least the Gen4 era in 2030, despite other major manufacturers exiting the championship. CEO Frederic Bertrand highlights this as a continuation of Mahindra's strategy to use electric racing as a technology laboratory, focusing on software, hardware, and human capital development that feeds into its wider automotive business and showcases Indian manufacturing prowess on a global stage.

Why Mahindra Is Staying In Formula E Until 2030

Why Mahindra Is Staying In Formula E Until 2030

Rediff.com15 Aug 2026

Mahindra Racing has reaffirmed its long-term commitment to Formula E, extending its participation until at least the Gen4 era in 2030, despite other major manufacturers exiting the championship. CEO Frederic Bertrand highlights this as a continuation of Mahindra's strategy to use electric racing as a technology laboratory, focusing on software, hardware, and human capital development that feeds into its wider automotive business and showcases Indian manufacturing prowess on a global stage.

Somanath Joins Agnikul Ahead Of Mission 02

Somanath Joins Agnikul Ahead Of Mission 02

Rediff.com18 Jul 2026

The appointment comes as Agnikul prepares for Mission 02, a flight that will attempt, for the first time on Indian soil, the recovery of an orbital-class rocket booster and the extension of a rocket's upper stage into an on-orbit platform.

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

Rediff.com14 Jul 2026

Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

Rediff.com14 Jul 2026

Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.

US Official Urges Nations Not To Re-Invent AI Stack

US Official Urges Nations Not To Re-Invent AI Stack

Rediff.com30 Jun 2026

A senior US official has warned against the weaponisation of digital and artificial intelligence sovereignty by political voices, urging nations to avoid costly re-invention of existing technology. The official highlighted the economic dangers of rebuilding entire tech stacks and emphasised India's crucial role as an indispensable partner in global technological leadership due to its engineering talent and innovation ecosystem.

'No reason' Virat, Rohit should miss 2027 World Cup

'No reason' Virat, Rohit should miss 2027 World Cup

Rediff.com28 Jul 2026

Former Pakistan captain Zaheer Abbas has expressed strong belief in Indian batting stalwarts Virat Kohli and Rohit Sharma, stating they still have significant contributions to make and should feature in upcoming ODI World Cups. He emphasised their skill, experience, and fitness as key factors, dismissing age as a barrier. Abbas also touched upon the importance of traditional batting techniques and offered thoughts on Pakistan cricket.

'Students India's future': Prez Murmu promises fair exams in I-Day eve address

'Students India's future': Prez Murmu promises fair exams in I-Day eve address

Rediff.com14 Aug 2026

Underlining that students are the "architects of India's future," President Droupadi Murmu on Friday said the government is taking comprehensive steps to reform public examinations to completely curb paper leaks and unfair means, making the system transparent, secure, and trustworthy.

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

Rediff.com23 Jul 2026

Mobile payments pioneer Paytm reported significant growth in its UPI payments business for Q1 FY27, driven by app simplification, AI investments, and a focus on attracting Gen Z customers. The company saw a 45% year-on-year increase in Consumer UPI Gross Transaction Value and a rise of 60 lakh in Monthly Transacting Users, outpacing the industry. Paytm's strategy prioritises customer retention and product innovation, leading to a profitable quarter with strong revenue and EBITDA growth, further supported by AI-led operational efficiencies and an India-focused language model.

EXL Strengthens AI Capabilities With IMerit Acquisition

EXL Strengthens AI Capabilities With IMerit Acquisition

Rediff.com25 Jun 2026

ExlService Holdings, a data and AI company, announced its acquisition of AI data solutions firm iMerit for up to USD 310 million. This strategic move aims to accelerate AI innovation, deepen EXL's AI capabilities in model training and evaluation, and expand its market presence in high-growth AI tech sectors. The transaction is expected to conclude in Q3 2026.

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Rediff.com23 Jul 2026

Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.

NITI Aayog's Vision For India's Bioeconomy Growth

NITI Aayog's Vision For India's Bioeconomy Growth

Rediff.com16 Jul 2026

A NITI Aayog report outlines India's potential to scale its bioeconomy to USD 691 billion by 2035 and USD 2.6 trillion by 2047, creating over 30 million high-value jobs. The report stresses the need for coordinated national execution, regulatory reforms, a strengthened talent pipeline, and a significant BioEconomy Growth Fund to achieve this vision, positioning India among the top biotechnology powers globally.

When The 'Jackfruit King' Met PM Modi

When The 'Jackfruit King' Met PM Modi

Rediff.com12 Aug 2026

'He wanted to know what products I'd brought along, so I showed him jackfruit flour, which research has linked to managing type 2 diabetes.' 'Then jackfruit seed flour, a strong source of protein that rural households have eaten for generations without it ever becoming a commercial product. I gave him ripe jackfruit chips too.'

Indian Pharma Bets Beyond US Generics

Indian Pharma Bets Beyond US Generics

Rediff.com26 Jun 2026

Companies are investing heavily in complex injectables, respiratory therapies and biosimilars to improve margins and diversify portfolios.

FULL TEXT: President Murmu's address to the nation on eve of 80th I-Day

FULL TEXT: President Murmu's address to the nation on eve of 80th I-Day

Rediff.com15 Aug 2026

In her address to the nation on the eve of the country's 80th Independence Day, the president stressed that just as government and society remain united to ensure national security, everyone must contribute through joint and concerted efforts to safeguard the present and future of students.

Chief Justice Kant Flags AI Concerns, Advocates Disclosure In Arbitration

Chief Justice Kant Flags AI Concerns, Advocates Disclosure In Arbitration

Rediff.com25 Jul 2026

Chief Justice of India Surya Kant highlighted the rapid integration of Artificial Intelligence into arbitration practices, expressing concerns about its accuracy, authenticity, and ethical use. He stressed the need for mandatory disclosure when generative AI is used in preparing legal documents and reports, advocating for shared standards to manage deepfakes and AI-generated material. The CJI also encouraged embracing AI for efficiency in tasks like e-discovery while preserving core arbitration principles.

L&T's Q1 profit jumps 14% to Rs 3,926 crore, beating estimates

L&T's Q1 profit jumps 14% to Rs 3,926 crore, beating estimates

Rediff.com29 Jul 2026

Larsen & Toubro (L&T) reported a 14 per cent year-on-year increase in Q1 FY27 profit attributable to owners, reaching Rs 3,926 crore, surpassing analyst estimates, despite facing significant supply-chain disruptions in West Asia.

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

Rediff.com30 Jul 2026

Larsen & Toubro (L&T) is investing Rs 5,000 crore over five years to enter the automotive components sector, focusing on electric vehicle (EV) motors, safety systems, and connected-vehicle technologies, aiming to become a Tier-I auto supplier.

Can VinFast Sustain Its Blistering India Start?

Can VinFast Sustain Its Blistering India Start?

Rediff.com5 Aug 2026

VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.

They are not worried of Wangchuk's health...: Oppn slams govt

They are not worried of Wangchuk's health...: Oppn slams govt

Rediff.com18 Jul 2026

Opposition leaders across party lines have condemned the forced removal of climate activist Sonam Wangchuk from the Jantar Mantar protest site in Delhi, accusing the BJP-led central government of undermining democratic freedoms, curbing dissent, and choosing force over dialogue.

Google Bets Big on India's AI Future

Google Bets Big on India's AI Future

Rediff.com15 Jul 2026

The aim is to win over the country's enterprises, developers and startups as AI systems shift from answering questions to autonomously executing tasks.

Info Edge invests over Rs 1,000 crore in AI, deep-tech startups since 2020

Info Edge invests over Rs 1,000 crore in AI, deep-tech startups since 2020

Rediff.com23 Jun 2026

Info Edge, the parent company of naukri.com, has invested over 1,000 crore in more than 50 artificial intelligence (AI) and deep-tech startups since 2020, demonstrating its commitment to fostering India's emerging technology ecosystem.

Maharashtra waives off Rs 48,000 crore of farmers' power dues

Maharashtra waives off Rs 48,000 crore of farmers' power dues

Rediff.com16 Jul 2026

Maharashtra Chief Minister Devendra Fadnavis announced a significant waiver of approximately Rs 48,000 crore in pending electricity dues for farmers, aiming to facilitate new agricultural power connections and support the state's agricultural sector.

Wangchuk loses 8.2 kg as fast enters 16th day; 'lives at stake', says Dipke

Wangchuk loses 8.2 kg as fast enters 16th day; 'lives at stake', says Dipke

Rediff.com13 Jul 2026

Educator and climate activist Sonam Wangchuk's health has significantly deteriorated on the 16th day of his indefinite hunger strike at Jantar Mantar, protesting alleged examination irregularities. His blood glucose and weight have dropped, prompting calls from the Cockroach Janta Party (CJP) and political leaders like AAP's Atishi and CPI(M) MPs for government intervention and accountability.

Auto PLI distorted e2W market, hurt innovation: C-DEP report

Auto PLI distorted e2W market, hurt innovation: C-DEP report

Rediff.com28 Feb 2026

The production-linked incentive (PLI) scheme for the automobile sector has created market distortions, excluded innovation-led electric two-wheeler (e2w) makers, and failed to convert cost advantages into export competitiveness, with 77 per cent of export volumes driven by non-PLI models, said a report released by the Centre for Domestic Economy Policy Research (C-DEP) on Friday.

Generative AI Set To Add Billions To Indian Real Estate Sector

Generative AI Set To Add Billions To Indian Real Estate Sector

Rediff.com18 Jun 2026

A new report by EY-Parthenon and CREDAI indicates that Generative AI (GenAI) could inject USD 14-17 billion into India's real estate economy over the next seven years. The technology is expected to significantly enhance operational efficiency, boost sales velocity by 30-50 per cent, and accelerate product launches, offering competitive differentiation and improved customer experiences for developers.

ASIP And SporTech Join Forces To Boost Indian Sports Professionals

ASIP And SporTech Join Forces To Boost Indian Sports Professionals

Rediff.com4 Jun 2026

The Association for Sports Industry Professionals (ASIP) has partnered with SporTech Innovation Lab to enhance support and opportunities for sports professionals across India. This collaboration will leverage SporTech's AI-powered SportsKeyz platform for various ASIP operations, aiming to advance the sports industry through technology and professional development.

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Rediff.com28 May 2026

Bajaj Finserv announced a strategic initiative to invest up to Rs 2,000 crore in artificial intelligence and technology-led startups over the next five years, along with a collaboration with IIT-Bombay for joint research.

India Launches AI Champions Programme For Digital Governance

India Launches AI Champions Programme For Digital Governance

Rediff.com13 Jul 2026

A three-day 'AI Champions for Digital Governance' programme has commenced in New Delhi, hosted by ITDC, SCOPE, and LBSNAA. The initiative aims to train senior leadership and operational teams in applying artificial intelligence within public sector organisations, aligning with the IndiaAI Mission. Experts highlighted AI's role in improving efficiency, productivity, and public service delivery, while also emphasising responsible adoption and data quality. The programme seeks to build an AI-ready nation and contribute to India's vision of future-ready governance systems.

India Launches AI Champions Programme For Digital Governance

India Launches AI Champions Programme For Digital Governance

Rediff.com13 Jul 2026

A three-day 'AI Champions for Digital Governance' programme has commenced in New Delhi, hosted by ITDC, SCOPE, and LBSNAA. The initiative aims to train senior leadership and operational teams in applying artificial intelligence within public sector organisations, aligning with the IndiaAI Mission. Experts highlighted AI's role in improving efficiency, productivity, and public service delivery, while also emphasising responsible adoption and data quality. The programme seeks to build an AI-ready nation and contribute to India's vision of future-ready governance systems.

Why Foreign Students Don't Come To India

Why Foreign Students Don't Come To India

Rediff.com1 Jul 2026

90 per cent of institutions recorded no improvement in international student metrics, despite government initiatives such as the Study in India programme, UGC regulations on internationalisation, and efforts to attract foreign students.

Why India Is Central To Rockwell Automation's Global Growth Plans

Why India Is Central To Rockwell Automation's Global Growth Plans

Rediff.com15 Jul 2026

Rockwell Automation's CEO Blake Moret highlights India as the centrepiece of the company's Asian growth strategy, detailing its four-decade presence, significant employee base, and support for the 'Make in India' initiative. The company sees major opportunities in pharmaceuticals, automotive, food and beverage, and consumer products, with AI playing a crucial role in simplifying industrial automation and boosting productivity for Indian manufacturers, including MSMEs.

Govt Unveils Rs 1.9 Lakh Cr Push for Semiconductor, Mobile Manufacturing

Govt Unveils Rs 1.9 Lakh Cr Push for Semiconductor, Mobile Manufacturing

Rediff.com15 Jul 2026

The Indian government has approved two major manufacturing initiatives worth nearly Rs 1.9 lakh crore (USD 22 billion) to expand the country's semiconductor ecosystem and scale up mobile phone production, aiming to strengthen its position as a global electronics manufacturing hub.

700,000 snapped up! Free FIFA World Cup 'fan bands' go viral

700,000 snapped up! Free FIFA World Cup 'fan bands' go viral

Rediff.com2 Jul 2026

Free, customizable "fan bands" have become the unexpected must-have souvenir at the 2026 World Cup, with over 700,000 distributed. Sponsored by Bank of America, these charm wristlets feature subtle branding and have gone viral, even appearing on resale platforms. This marketing strategy offers a counterpoint to the tournament's high ticket and merchandise prices, proving that unique, free items can create significant fan engagement and brand visibility.

How India Is Becoming A Global Leader In Enterprise AI Adoption

How India Is Becoming A Global Leader In Enterprise AI Adoption

Rediff.com12 Jun 2026

A SAP study reveals that Indian enterprises are rapidly moving from AI experimentation to value-driven implementation, positioning India as a global leader in enterprise AI adoption. Indian organisations plan significant investments in AI, with projected fivefold growth in Agentic AI returns and a high percentage of businesses having defined AI strategies and dedicated AI leaders.

Hindustan Zinc To Generate 2,000 Crore Through AI Solutions

Hindustan Zinc To Generate 2,000 Crore Through AI Solutions

Rediff.com15 May 2026

Hindustan Zinc Ltd (HZL) plans to generate 2,000 crore in value by implementing artificial intelligence-driven solutions across its mining and manufacturing operations. This initiative is part of a broader industry trend to adopt digital technologies for cost reduction, margin improvement, and enhanced environmental and social governance.

India is now world's largest market for Nestle's KitKat

India is now world's largest market for Nestle's KitKat

Rediff.com17 May 2026

India has emerged as the largest global market for Nestle's iconic KitKat chocolate-coated wafer bar, surpassing other nations due to strong consumer penetration, product innovation, and aggressive marketing investments.

'Paani Waali Train': 'This Is The Future Of Railway Mobility'

'Paani Waali Train': 'This Is The Future Of Railway Mobility'

Rediff.com18 Jul 2026

India has launched its first hydrogen-powered train, the 'Namo Green Rail', from Jind, Haryana, marking a significant step towards sustainable railway mobility. The 10-coach train, which emits only water vapour, is currently operating on the Jind-Sonipat route and represents a major technological advancement for the country's transport sector.

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Rediff.com2 Jun 2026

Indian pharmaceutical companies are strategically increasing investments in the US market, focusing on specialty drugs, complex generics, respiratory products, and local manufacturing, despite a nearly 10 per cent fall in exports to the US in FY26 due to pricing pressure and competition in traditional generics.

IIT Dhanbad Joins Forces With South African University

IIT Dhanbad Joins Forces With South African University

Rediff.com15 May 2026

TEXMiN Foundation, IIT (ISM) Dhanbad has signed an agreement with the University of Pretoria, South Africa, for research collaboration in critical minerals, rare earth element processing, recycling, extraction technologies and advanced mining innovation.